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Parking

Community service or revenue raiser

An economists perspective

COLIN BUCHANAN

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2

Question time Job well done

Serves her right

Money in the bank

Who cares

A disaster

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3

Why are you in the parking

business? Managing excess

demand

Prioritising conflicting

demand Raising revenue

Attracting

visitors/shoppers Reducing congestion

Climate change

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4

Motorists confused by parking

93% motorists confused about parking

regulations

25% issued with a PCN last year 69% claim they were unfairly penalised

60% think some parking signs are

deliberately misleading so drivers can befined

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5

Can you blame them

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Probably not

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Managing competing

demands

commuters cars parked

1.6m on-street

0.5m in public car parks

7m cars parked on street at home (only

40% of garages are used to park cars in)

1.2m households require resident parkingpermits

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Parking permits How much too charge?

Should it vary by

Location

Engine size Number of cars

Commercial or private

What exemptions

should apply

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Paid for parking Managing excess

demand

Raising revenue

Attracting shoppers

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10

Parking a tale of two worlds

Local government generated 1.3bn gross from

parking - 0.4bn gross

London generates around half 560m gross net

160m net However, of that, 110m is raked in by just five

authorities

almost 100 local authorities lost money 80m

between them on parking in 2007/08

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If only it was free

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Closed shops and double

yellow lines are they related

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How do shoppers travel

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Why do you shop here

Near to home 52

Wide range of goods or shops 17

Near to Work 15 Competitive prices 15

A particular shop 7

Other Services 4 Car Parking Availability 2

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Why do you shop elsewhere

Wide Range of Goods / Shops 43%

Near to Home 29%

Competitive Prices 26% A Particular Shop 6%

Other Services 4%

Car Parking Availability 3%

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We have the technology

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17

What image would you prefer

your customers to have